Problem - Fenway Enterprises
|
2009
|
2010
|
Total Assets
|
50,000.00
|
67,000.00
|
Inventories
|
6,000.00
|
8,000.00
|
Receivables
|
19,000.00
|
21,000.00
|
Cash
|
3,000.00
|
4,000.00
|
Long-Term Investments
|
8,000.00
|
8,500.00
|
Net Fixed Assets
|
14,000.00
|
25,500.00
|
|
|
|
Current Liabilities
|
10,000.00
|
12,000.00
|
Long-term Debt
|
20,000.00
|
25,000.00
|
Equity
|
20,000.00
|
30,000.00
|
|
|
|
Revenues
|
100,000.00
|
150,000.00
|
Cost of Goods Sold
|
76,000.00
|
107,000.00
|
SG&A
|
12,000.00
|
27,000.00
|
Interest Expense
|
2,000.00
|
2,500.00
|
|
|
|
Tax Rate
|
40%
|
35%
|
Number of Shares Outstanding
|
10,000
|
13,000
|
Share Price
|
$8.00
|
$9.50
|
Required -
1) What is the company's Gross Profit in 2009 & 2010?
2) What is the company's Gross Profit %age in 2009 & 2010?
3) What was the company's Pretax Income in 2009 & 2010?
4) What is the Income Tax expense for 2009 & 2010?
5) What was the company's Net Income in 2009 and 2010?
6) What was the Company's Return on Assets in 2009 & 2010?
7) What was the company's Return on Equity in 2009 & 2010?
8) What is the company's Current Ratio in 2009 & 2010?
9) What is the company's Quick Ratio in 2009 & 2010?
10) What is the company's Inventory Turnover Ratio in 2010?
11) What is the company's Day's Sales Outstanding (DSO) in 2010 assuming 360 days per year?
12) What was the company's Debt to Equity Ratio in 2010?
13) What was the company's Earnings Per Share in 2010. Assume new shares were issued on July 1, 2010.
14) What was the company's Price Earnings Ratio in 2010?